Hangar 7 Expands Fleet with Second Dassault Falcon 2000 A Look at Business Jet Market Trends
Hangar 7 Expands Fleet with Second Dassault Falcon 2000 A Look at Business Jet Market Trends - Hangar 7 adds second Falcon 2000 to fleet
Hangar 7, a US-based business jet management and charter operator, has expanded its fleet with the addition of a second Dassault Falcon 2000 aircraft.
The new Falcon 2000, registered as N702NW, was transferred from Air 7 in Camarillo, California, to Hangar 7's base in Henderson, Nevada, on June 1, 2024.
This expansion demonstrates Hangar 7's commitment to providing clients with a diverse range of business jet options.
The Dassault Falcon 2000 is a popular and versatile business jet model known for its fuel efficiency and quiet cabin.
As a twinjet aircraft, the Falcon 2000 offers a combination of agility, range, and comfort that appeals to many business jet owners and operators.
With the current market for used Falcon 2000 aircraft ranging from $14 million to $19 million, the addition of this second Falcon 2000 to Hangar 7's fleet is a strategic move to meet the evolving needs of its clientele.
The Dassault Falcon 2000 is known for its impressive fuel efficiency, with a specific fuel consumption rating of just 31 lb/hp-hr, making it one of the most fuel-efficient business jets in its class.
Equipped with advanced avionics, the Falcon 2000 features a full-digital Honeywell Primus 2000 EFIS cockpit, allowing for highly precise navigation and improved situational awareness for pilots.
Despite its midsize cabin dimensions, the Falcon 2000 can accommodate up to 10 passengers in a typical configuration, showcasing its efficient use of interior space.
The Falcon 2000 is capable of operating from runways as short as 4,450 feet, enabling it to access a wide range of regional and municipal airports that may not be suitable for larger business jets.
Dassault's patented Fly-by-Wire flight control system, first introduced on the Falcon 2000, provides superior handling qualities and enhanced safety features, contributing to the aircraft's popularity among private jet owners.
With a maximum operating altitude of 47,000 feet, the Falcon 2000 can fly above most weather systems, offering passengers a smoother, more comfortable flight experience compared to lower-flying aircraft.
What else is in this post?
- Hangar 7 Expands Fleet with Second Dassault Falcon 2000 A Look at Business Jet Market Trends - Hangar 7 adds second Falcon 2000 to fleet
- Hangar 7 Expands Fleet with Second Dassault Falcon 2000 A Look at Business Jet Market Trends - Future outlook for business jet demand and acquisitions
Hangar 7 Expands Fleet with Second Dassault Falcon 2000 A Look at Business Jet Market Trends - Future outlook for business jet demand and acquisitions
The global business jet market is expected to continue its growth trajectory, driven by factors such as the increase in purchasing power and net worth of individuals, as well as the rising demand for air travel in both developed and developing countries.
Key players in the industry are focusing on providing a variety of cost-effective services to survive and thrive in the competitive landscape.
The recent acquisition of a second Dassault Falcon 2000 by Hangar 7 underscores the ongoing consolidation and expansion in the business jet market as operators seek to meet the growing demand for premium business jet services.
The global business jet market is projected to reach $669 billion by 2032, growing at a CAGR of 4% from 2023 to
North America has dominated the business jet market, accounting for a market share of 83% in
The growth in the business jet market is driven by the increasing number of high-net-worth individuals and the replacement of aging aircraft fleets.
Hangar 7's acquisition of a second Dassault Falcon 2000 aircraft reflects the ongoing consolidation and expansion in the business jet market, as operators seek to meet the growing demand for private and corporate air travel.
The Dassault Falcon 2000 is known for its fuel efficiency, with a specific fuel consumption rating of just 31 lb/hp-hr, making it one of the most fuel-efficient business jets in its class.
The Falcon 2000 features a full-digital Honeywell Primus 2000 EFIS cockpit, providing advanced avionics and improved situational awareness for pilots.
With a maximum operating altitude of 47,000 feet, the Falcon 2000 can fly above most weather systems, offering passengers a smoother and more comfortable flight experience compared to lower-flying aircraft.